INN200 Management Accounting

Credits (ECTS):5

Course responsible:Øystein Dahl

Campus / Online:Online

Teaching language:Norsk

Course frequency:Annually

Nominal workload:125 hours

Teaching and exam period:This course starts in the Autumn parallel. This course has teaching/evaluation in the Autumn parallel.

About this course

The course provides an introduction to basic management accounting.

The following topics are covered: Cost and cost behavior; Markets; Product costing, Cost allocation; Short term production decisions and trade-offs; Financial accounts; Time value of money; Capital budgeting.

Learning outcome


After completed course, the student should have knowledge on:

  • basic topics, theories, methods, problems and tools within cost accounting.
  • different types of costs
  • the firm`s short term decision problems
  • financial accounting
  • time value of money
  • different capital budgeting methods


After completed course, the student should be able to:

  • give an account of basic cost accounting terminology
  • explain which factors affect the firm, both on the short and long term
  • explain and calculate how changes in activity affects revenue, costs, and profits
  • explain the relation between the balance sheet and profits
  • explain the present value of money
  • explain and conduct simple project analysis

General competence:

After completed course, the student

  • masters cost accounting terminology
  • can communicate central cost accounting theory.
  • is able to use cost and income theory in decision-making
  • Digital lectures and weekly seminars. The students will also have access to digital resources on Canvas.
  • Canvas
  • Final 3 hour home examination that counts 100 %.

  • External examiner will control the quality of syllabus, questions for the final examination, and principles for the assessment of the examination answers.
  • There will be 12 assignments throughout the course. The students must pass at least 8 of the assignments to be allowed to take the exam.

    Compulsory exercises are valid for 2 years.

  • Problem solving exercises: 2 hours per week.
  • 5 ECTS overlap with BUS100 Cost Accounting, Fundamentals. 2,5 ECTS overlap with BUS101 The Firm. 5 ECTS overlap with INN201-B Management Accounting.
  • Minimum requirements for entrance to higher education in Norway.